2426 SE 17th St APT 109AFort LauderdaleFL33316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fort Lauderdale at 2426 SE 17th St APT 109A, Fort Lauderdale, FL, 33316 listed at $195,000 pairs $1,550/mo rent with a $954/mo payment to leave $256/mo cash flow. Total monthly income runs $1,550/mo, and annual cash flow reaches $3,076/yr on $64,643 cash to close. Return on cash invested measures 24.67% in year one, and rental yield registers 9.54% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 129% and total cumulative return in cash totals $83,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,550/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33316, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,837 (100%) |
| Owner Occupied HU | 4,013 (40.8%) |
| Renter Occupied HU | 3,445 (35.0%) |
| Vacant Housing Units | 2,379 (24.2%) |
| Median Home Value | $955,160 |
| Average Home Value | $1,128,986 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
2,862
Multi-Family
5,737
Businesses
1,405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jorge Brandt • United Realty Group Inc
Mls Name: MIAMI
Mls ID: #A11814504